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Following the news of the Federal Reserve’s intention to raise interest rates this week, FreedomWorks CEO Adam Brandon commented:
“For months now, investors have been watching the Federal Reserve with the intensity of a NASCAR fan watching the Daytona 500. Some are watching for the crashes, others to see who wins, but in the end, we all lose. Markets, not by central planners, should determine interest rates. This historically weak recovery is part of the price Americans have paid for the Fed’s easy money policies.”
FreedomWorks aims to educate, build, and mobilize the largest network of activists advocating the principles of smaller government, lower taxes, free markets, personal liberty and the rule of law. For more information, please visit www.FreedomWorks.org or contact Jason Pye at JPye@FreedomWorks.org.